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I do not trade Globex session as it is tough to read volume. I was going over some charts. CL came down to potential support , so decided to test it. 02-20-2012 Asian session long off 104.90 support. target 105.50 area

DX and CL relationship. Just one of the variables among many. I would like CL to be around $115 while DX is around 75 to short CL. There are several other combinations of DX and CL in between.

daily chart. Time to pause or momentum is too STRONG ? I keep on thinking about -30 days number line. 30 days number line points to pullback. However, what did not happened is more important than what did happen per expectations. There is a MAJOR problem with the bull scenario in WTI...

Monthly chart and trend.

Combining trend lines, channel breakout with ACD Opening Range (OR) along with Market Profile concepts gives more confidence. NOTE: No discussion please whether CL is manipulated, will it crash? political impact etc.. We trade patterns, price action and that's all i want to FOCUS on. Not...

Market profile. Previous resistance of 98.40 became support for 3.5 hours. NOTE: Some days these levels do not come into play at all. Best risk/reward set ups appear when these levels are taken out with VOLUME, otherwise trade small or sit on hands. VOLUME means BIG MONEY is in the market...

02-07-2012 Market profile. Previous resistance of 98.40 became support for 3.5 hours . Re post of chart showing potential ticks in the box. Looks too GOOD to be TRUE even after seeing this over and over again over a year. That's why we do not go looking for trades but we try to recognize...

02-7-2012 3.5 hours of price action from 11 am till 2.30 pm. CORRECTION: chart should read " After hitting high"

Final chart showing how price moved up. NOTE: I got some questions traders looking at every level to the tick. All, I can say it is not HELPFUL. When one counts pennies, he gets pennies. One has to adjust stop loss on days when intra day move is $3 in one direction.

10 am news is out and we have a nice reference points off 9.34 am VOLUME bar.

OR is set but no clues yet as to what day holds for day traders.

Market Profile chart showing how price moved from one level to the next.

I received some questions regarding 02/07/2012 ( Tuesday, CLH2) trading set ups. I will re post some charts of 02/07 and post Market profile chart of 02/06/2012 to see if levels marked on that chart gave clues in terms of potential support and resistance. I am not sure how to post multiple...

HOW TO MAKE SYSTEM 1 and 2 SIDE OF THE BRAIN WORK AS ONE: 1) A chart is enclosed of 02/03/2012 trading day. Out of my notes, i randomly selected this day to trade CLH2 this morning in TOS ON DEMAND feature. I will let the entire trading session - from 8.30 am till 2.30 pm- replay and i will...

Out flat 103.32. +22 and +42 Have a good weekend everyone.

Fighting INNER MONKEY. Box trading is not EASY regardless how easy it looks.

short 103.72 stop loss 013.91. 35 minutes have passed since i took short position. It came down to 103.54 and then bounced to 103.71. Came down to 103.48 after 15 minutes. I ran out of patience and covered some at 103.52. Box trading require lot of patience and price jumps back and...

02-17-2012 Trading box.

Euro close set up off 103.70 resistance. +44. CLJ2 contract.

03-17-2012 +26. Clues into Why 103 area is being supported for time being and why price is not breaking above 103.50 so far. This is more important than Better Volume bar. If better Volume bar shows up at POC , even better.